Mark Zuckerberg and his social media giant, Meta, reportedly considered acquiring Kalshi before ultimately deciding to develop its own prediction market platform.
Meta, the company behind Instagram, Facebook, and WhatsApp, engaged in discussions with Kalshi CEO Tarek Mansour last year, according to three sources familiar with the matter. Ultimately, Meta opted to create its prediction market platform instead of pursuing a takeover bid.
The talks between Zuckerberg and Mansour indicate Meta's interest in the prediction market sector and its strategic considerations for potential acquisitions.
